“What took three months to build at the time, that each company built over the whole YC startup, could now be done in seven minutes by a coding agent. … You could either be sad and be like, oh man, a codex prompt is a whole startup, or you could be like, I can go start the world's most ambitious, crazy company.”

I think this is going to be the best time in the world to do a startup. And it's going to be quite amazing to

see. So I want to start with a time and place, which is you were in the very first batch of Y Combinator in 2005 with location sharing company called Looped. What do you remember about that? And what was your best PG, Paul Graham story?

But it also takes someone who actually, I mean, you're sort of famously par excellence, an agentic person, like even before we thought about agents, period. I mean, you just, I remember Paul wrote, I mean, it's making the rounds on X Today even that Paul wrote in the early, in the late 2000s that…

That's very nice of him to say. I think like many 20 year olds, I had like a lot of energy and a lot of ambition, but it was sort of very not directed and I wasn't sure what to do. Paul had this thing he used to say of like the job of being a good startup investor is a teacher, but it's a kind of…

Yeah. I guess later you came on to become president of YC and you sort of brought exactly the same energy to a great many YC founders over the years. Did you have anything, like did anything jump out at you from that time around, you know, taking this raw energy of someone really, really smart and…